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Tesla put buyer realizes 36% same-day gains

Notable profits for the buyer who lifted the $5.90 offer for 3,418 Tesla (TSLA) 5/8 weekly 390 puts yesterday at 14:26ET when underlying shares were trading at $396.62. Shares closed at $390.82, and the puts at $8.03 for a mark-to-market profit of 36%, or $727K, on the $2017K outlay.

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Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

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